ACCA Exam tips for Paper P2

1) Complex group question Rod ( adapted past exam question ), or Piecemeal acquisition / partial disposal question Beth ( December 2007 ) or Base Group ( adapted past exam question ) 2) Management commentary question 52 in Kaplan revision kit 3) IFRS 10, 11, 12 and 13 no past exam question check the OpenTuition course notes 4) a question on Various IASs / IFRSs many examples from past exams 5) Entity reconstruction no past exam question check the OT course notes Any one, including question 1, could ask for special style report, memorandum, email or even letter! So make sure you answer in appropriate style.

ACCA Exam tips for Paper P4

Section A Valuation of a business (for acquisition) suggesting a range of values (part including present value of cash flows requiring calculation of the discount rate to use with CAPM involved) Foreign exchange risk management (forward rates/money markets/futures/options)

Section B Option pricing Written question on the European debt crisis Portfolio theory including written on international diversification

ACCA Exam tips for Paper P7

1. Group audits 2. Material misstatement risk (article) 3. Non-audit services 4. Standard Q3 matters to be considered (ethical, professional, practical, accounting); state the evidence you should expect to find on the audit file (or identify the procedures you would expect to be followed) 5. CAATs 6. Completion of audit (Make sure to read Lisas article from October 2011 student Accountant about Completing the audit)